And they're off! Just weeks after Colorado officially legalized marijuana, entrepreneurs are already scrambling to start clubs, groups and businesses focused on the recreational use of cannabis. Some examples: - A resident of Del Norte, located about 200 miles south...
A bid to legalize medical cannabis in Illinois is sputtering out, with a key lawmaker saying it's unlikely he will put an MMJ measure up for a vote in the state House by the Jan. 8 deadline. "Looks like it is not going to happen right now," Illinois State Rep. Lou...
It appears Los Angeles is finally on the verge of overhauling its medical cannabis policies, a long-overdue step that could help ease pressure on marijuana businesses and stabilize the industry locally. Exactly what shape the overhaul will take - and how it will...
By Micah Johnson One of the most frustrating challenges facing new dispensary owners is how to advertise effectively. After all, many traditional newspapers and radio stations still refuse to work with the industry. Then there's the question of how to catch a...
Well that was fast. The first Colorado business targeting recreational marijuana users has already closed, thanks to an over-eager entrepreneur who got caught up in the hype to be first. Paul Lovato opened a marijuana club in the small town of Del Norte before his...
The medical marijuana industry has many reasons to celebrate this holiday season. Dispensaries have opened in Arizona and New Jersey. Colorado and Washington legalized marijuana. The industry won several key court battles over the past month. The government's...
Stop us if you've heard this one before: A state passes medical marijuana laws, sets a time frame for the launch of dispensaries and then misses the initial deadlines as officials struggle with implementation and other challenges. This scenario seems to play out in...
Cannabis professionals, we need your help. Medical Marijuana Business Daily is conducting an anonymous survey of cannabis business owners to help us gather data for our upcoming industry factbook. We want to get an idea of what your biggest startup and ongoing costs...
Another week, another loss for medical marijuana opponents in Arizona. A Court of Appeals panel has squashed an attempt by Maricopa County Attorney Bill Montgomery to prevent dispensaries from opening in the near future. Montgomery had asked the court to temporarily...
The medical marijuana industry scored major legal wins in Arizona and California several weeks ago, when judges in two separate cases sided with MMJ. But the victories, while important, do not mark the end of the cases. Another critical court hearing is scheduled for...
SearchCore - one of the few publicly traded companies involved in the medical marijuana industry - has signed an agreement to sell MMJ heavyweight WeedMaps Media Inc. to an undisclosed buyer. The price tag: $3.75 million and the assumption of more than $8 million in...
Some good and bad news regarding medical marijuana on the East Coast: The nation's capital could get its first dispensary this spring, but Massachusetts might have to wait longer than expected to hit that milestone. First, an overview of the situation in Washington...
